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Friday, 16 July 2010

The Revised Combined Code And Corporate Governance – An Empirical Study Of FTSE 350 Companies In The Travel And Leisure Industry

The author seeks to identify trends in compliance with the revised Combined Code of Corporate Governance in 2003 with emphasis on provisions regarding NEDs through the study of annual reports published for the 3 consecutive years after the implementation of the revised Combined Code of Corporate Governance. The compliance with revisions made to the Code in 2006 regarding the composition of the remuneration committee will also be accounted for. The results gathered will be discussed against theoretical frameworks to indicate whether companies are pursuing an agency theorist‟s perspective or a resource dependence theorist‟s perspective to the role of NEDs.